Trades Growth Equity

Growth capital for HVAC, plumbing, and electrical owners. You stay in control.

We invest $300k to $2m for a minority stake in your business. You run it. You never have to sell it.

Four things owners use our capital for

  • Grow faster

    Trucks, hiring, and working capital, so you can add capacity before the revenue shows up to pay for it.

  • Buy a competitor

    When the shop across town comes up for sale, you can move on it.

  • Pay off debt

    Replace loan payments with a long-term investor.

  • Take some chips off the table

    Sell us a portion of your equity and keep the cash personally. You have built something valuable. You can turn part of it into cash without selling the company.

How it works

We buy a minority stake

You own the rest and keep running the company.

We invest as preferred equity

Preferred equity is a class of ownership that gets paid ahead of ordinary (common) ownership when the company pays out cash or is sold.

It is equity, not a loan

No monthly payments and no personal guarantee.

We are long-term

We are not looking to flip your company in three years (and we can’t force you to sell even if we wanted to). We are happy to own a piece of a good business for a long time.

You run the company

We are a minority investor. You make the calls.

What you decide

  • Pricing
  • Hiring
  • Trucks
  • Marketing
  • Everything else

What we ask for

A short list of protections. They are the same ones we ask for when we back an entrepreneur who is buying a business. They exist so a minority owner is treated fairly, not so we can run your business.

In plain English, that means our consent on a short list of major decisions, such as:

  • Selling the company
  • Issuing new ownership
  • Changes to your own compensation

What we do not ask for: any operational control.

What if you never want to sell?

That is fine with us.

Every owner should ask an investor one question: how do you get your money out? Here is our answer.

Starting in year 7, we have a put option. A put option is our right to ask you to buy back our stake. The price is the market value of our stake at that time, set by a third-party valuation professional we both agree on.

Year 7 is the earliest date, not a deadline. We are long-term investors and may stay in well past it.

When the put option starts
Years 1 to 6
The put option has not started.
Year 7 onward
We can ask you to buy back our stake at its market value.

From first call to funding

  1. Meet virtually

    A first call with Grant. You tell us about the business and what you would do with the capital. We tell you how we work.

  2. Review financials

    You share your financial statements. We tell you quickly whether we see a fit.

  3. Meet in person

    We come visit you.

  4. Agree on terms

  5. Confirmatory due diligence

    We verify what we have seen. It costs you nothing.

  6. Close and fund

    Documents signed, money wired.

First call to funding is often around a month. It can be a couple of weeks or longer, depending on how quickly you want to move.

What backing the right owner looks like

Rob Brooks acquired Gary Air, a 30-year-old HVAC company in Sarasota, in June 2025.

We invested when he bought the company. Then we invested again, to fund his purchase of two add-on acquisitions, retire his full SBA loan, and let him take some chips off the table to pay off his mortgage.

Rob Brooks and Grant Hensel smiling in front of a Gary Air branded truck outside the Sarasota shop

Since the acquisition

Revenue grew from $1.9m to $6.06m

Profit grew from $220k to $1.74m

Trailing twelve months, through October 2026

We want to back more owners like Rob. Read the full Gary Air story

Grant Hensel

Who we are

Entrepreneurial Capital is an investment fund, with capital pooled from 80 individuals and families, most of them small business owners. Grant Hensel, who runs it, built a 60-person service business and has invested in 20 more.

Do I need to do the Trades Accelerator first?

No. The accelerator and the investment are separate. You can do the 12-week program first, or come straight to us for capital.

01 Will you tell me how to run my business?

No. We are a minority investor and you stay in full operational control. We ask for a short list of protections, listed above.

02 How much of my company would you own?

A minority percentage, often 10% to 25%. The exact share depends on how much we invest and what the company is worth.

03 How do you decide what my company is worth?

We look at your profit over the last twelve months and apply a multiple to it, meaning we multiply that profit by a number to get a value. We also look at the cash and debt in the business, and the type of work you do. Residential service work is worth more than new construction, for example.

04 Is this a loan?

No. It is an ownership stake, structured as preferred equity.

05 Can I keep some of the investment personally if I want to?

Yes. This is called a “secondary sale,” and we have no issue with it.

06 What does due diligence cost me?

Nothing.

07 What if I never want to sell?

That is fine with us. From year 7 on, we can ask you to buy back our stake at a market price.

08 How is this different from selling to private equity?

You sell a minority stake, not the company. You stay in control, and you never have to sell the rest.

09 How long does it take?

Often around a month, but it can be shorter or longer depending on the situation.

10 Which trades do you invest in?

HVAC, plumbing, and electrical.

Want to talk it through?

The first step is a call with Grant. No commitment. Bring your questions and your numbers if you have them handy.

Book a call with Grant